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What to Watch

ENERGY
  • The latest EIA weekly gas inventories for the week ending 14 Apr will be released this afternoon at 15:30GMT. The expectation is for a build of +70bcf following on from the first build of the year last week of +25bcf. The 5-year average for this time of year is a build of +49bcf.
  • The updated Insights Global European ARA product inventories will be released today. Gasoil stocks showed a small decline last week but still hold above average at 2.361m mt compared to the 5-year average for this time of year of 2.12m mt. ARA Gasoline stocks were last week up at 1.401m mt compared to an average of 1.19m mt for this time of year.

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